Triangular Arbitrage Today: NEO, ZEN, XRP, TRX, and More-3.3

It has become increasingly difficult to generate any real profits in the cryptocurrency industry throughout 2018. Rather than just trading, arbitrage opportunities have begun taking center stage first and foremost. Triangular trading options can generate a fair amount of profit, as can be seen in the following examples.

There is a very peculiar triangular arbitrage opportunity involving both Zencash and NEO. Buying ZEN on the Cryptopia exchange with Bitcoin and converting it to NEO on OKEx will allow traders to take advantage of a higher NEO price on the EXMO exchange. This should result in a profit of just over 7%.

Original source

Add comment

Please Sign in to be able to leave comments.